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Liminal BioSciences Inc. LMNL

Liminal BioSciences is a biopharmaceutical company focused on the discovery and development of novel, small molecule drug candidates for the treatment of patients suffering from fibrotic or inflammatory diseases that have a high unmet medical need. Liminal BioSciences operates on an integrated basis from our talent hubs in Laval, Quebec, Canada, and Cambridge, UK. Our common shares are listed for trading on the Nasdaq Global Market.


NDAQ:LMNL - Post by User

Post by Greenviolinoon Jul 27, 2021 3:05pm
97 Views
Post# 33611329

Looking for a cheap biotech

Looking for a cheap biotech

A couple of observations:
1. A lot of bad blood on this board and I understand why.
2. This company is in dire need of cash IF it doesn't monetize the deal announced with Kedrion.
3. The stock might be drifting down on the anticipation of dilutive and necessary financing.
So, for those acquainted with the company:
1. When is the Kedrion money expected to be paid? A lump sum? Scheduled payments?
2. Where does this company stand with their R&D programs? 
3. Has the company given any guidance regarding their future cash burn?

Thanks and GLTA

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